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Oct 27, 2005

Business - Germany - Audi Could Absorb SEAT

A decision is expected by November...
USA - The Car Connection -27 Oct 2005: -- Audi is studying whether to absorb its troubled Spanish unit, SEAT. The upscale VW brand-which leads a group of brands including SEAT and Lamborghini-is uninterested in selling or shutting down its Barcelona-based brand... However, Audi is expected to fold SEAT's business into its own as a cost-saving measure, which would give Audi's executive board more control over SEAT's expenditures, vehicle development and production...

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